Jordan and Turkey are mediating the dollar crisis in exchange for the Aqaba pipeline and preventing

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[size=52]Jordan and Turkey are mediating the dollar crisis in exchange for the Aqaba pipeline and preventing the targeting of the international coalition[/size]

[size=45]Baghdad / Tamim Al-Hassan[/size]
[size=45]The exchange rates of the dollar fell against the dinar by about 10 points (tiger), after a rise that was the highest since the beginning of the crisis two months ago, due to political stances and new measures issued by the government and the central bank.[/size]
[size=45]It is not yet known exactly whether this decline will continue or if it is a temporary situation related to recent developments and the first call between Prime Minister Muhammad al-Sudani and US President Joe Biden.[/size]
[size=45]In this regard, it is believed that Iraq agreed, before restoring the previous exchange rate to the dollar, to control those targeting the international coalition, and to extend an oil pipeline to Jordan that some Shiite forces consider "normalization with Israel."[/size]
[size=45]And between the two options, the rise of the dollar or the approval of the two conditions, the Central Bank's statement in its recent meeting with the US Treasury in Istanbul (Turkey) was puzzling, as it indicated to the latter that it was "ready to show flexibility."[/size]
[size=45]A Shiite politician believes in an interview with (Al-Mada) that "the coordination framework is ready to do anything in return for remaining in power.. This is the last opportunity for the frameworks to either continue ruling or lose everything."[/size]
[size=45]The politician, who asked not to be named, indicates that: "The framework will agree to curb the factions and extend an oil pipeline from Basra to Aqaba in return for restoring the exchange rate to its previous price."[/size]
[size=45]Since Friday, channels on Telegram close to the coordination framework began preaching an Iraqi-American agreement to return the exchange rate to 1,400 dinars, while the details of the agreement were not mentioned.[/size]
[size=45]This took place at a time when protesters were in Tahrir Square in central Baghdad, denouncing the government's economic policy and calling for preventing the collapse of the dinar.[/size]
[size=45]The extension movement also called for the government's resignation against the background of several issues, most notably the dollar crisis and the latter's failure in the file of managing what was known as the "theft of the century."[/size]
[size=45]For the first time since the beginning of the crisis two months ago, the exchange rate of the dollar reached 1750 dinars, before it retreated after that to 1660 on the Baghdad Stock Exchange.[/size]
[size=45]So far, there has been no official statement about the alleged Iraqi-American agreement, but it came after a call, the first since al-Sudani took power at the end of last year, with US President John Biden through a Jordanian mediation, which reinforced the hypothesis of the “Aqaba Pipeline,” in addition to the conversation. About “refusing” to attack the coalition forces.[/size]
[size=45]In this regard, the leader of the Umma Party, Mithal Al-Alusi, said in an interview with (Al-Mada) that “the smuggling of dollars from Iraq to Iran does not directly affect the United States, but the latter is pressing to conclude an oil agreement with Tehran using the currency issue.”[/size]
[size=45]Regarding the restrictions imposed on the movement of the dollar in Iraq, Al-Alusi confirms that: “Any agreement between America and Iraq on the dollar means the former’s agreement to turn a blind eye to a certain amount of dollars going to Iran.”[/size]
[size=45]According to the call that took place between Al-Sudani and Biden, the two parties: “agreed that the stability of the region is important,” and that “Iraq should not be used as a springboard to attack its neighbors or points of presence of the advisors of the international coalition against terrorism present in the country at the invitation of the government.” According to the government statement.[/size]
[size=45]And leaks had said that a pro-Iranian faction in Iraq was accused of bombing the US al-Tanf base in eastern Syria near the border last month.[/size]
[size=45]According to those leaks, Biden, during the last call, informed Baghdad of the need to prevent the armed factions from carrying out similar operations against the coalition forces, whether in Syria or Iraq.[/size]
[size=45]As for the basis of the dollar deal in exchange for the Aqaba pipeline, the statement of the Sudanese government confirmed that during the contact with the US President, Jordan's King Abdullah II joined, "and the three leaders agreed to work together for Iraq and a region enjoying peace, including concrete projects to link the region and its integration to enhance Prosperity for all and the perpetuation of strong fraternal relations.[/size]
[size=45]The Al-Nujaba faction, one of the formations of the Popular Mobilization Forces, had earlier criticized what it called "Shiite inaction" in the issue of the Aqaba pipeline, threatening to attack the project if it was implemented.[/size]
[size=45]Previously, Nuri al-Maliki, the leader of the State of Law, last year refused to extend the pipeline in the previous government of Mustafa al-Kazemi, and al-Sudani himself, when he was a deputy, hinted at the existence of suspicions of corruption in the project.[/size]
[size=45]And Shiite forces from the “framework” considered, during an organized attack against the Al-Kazemi government last year, that extending the pipeline to Aqaba means extending it to Israel.[/size]
[size=45]mediation hub[/size]
[size=45]It seems that the Jordanian mediation here is not the only one in the dollar crisis, as Turkey also mediated with Washington to hold a meeting between the Iraqi Central Bank and the US Treasury last Friday in Istanbul.[/size]
[size=45]Observers of these mediations explained that it is due to Washington's lack of confidence so far in the coordination framework, and some of its parties stand in front of Al-Sudani's invitation to visit Washington, which the latter said in an interview on state television that what prevents him from visiting is "the existence of circumstances" that he did not mention.[/size]
[size=45]According to a statement by the Central Bank of Iraq, "The Governor of the Bank, Ali Al-Alaq, concluded, on Friday evening, in Turkey, his meetings with Assistant Secretary of the US Treasury Brian Nelson."[/size]
[size=45]He added, "The US Treasury confirmed its support for achieving economic stability in Iraq, with reference to strengthening what was discussed between Prime Minister Muhammad Shia al-Sudani and US President Joe Biden in the phone call."[/size]
[size=45]He continued, "The US Treasury Department has expressed its readiness for the necessary flexibility to achieve common goals," noting that "it was agreed to continue coordination and cooperation during the meetings to be held in Washington, DC, before the middle of this month."[/size]
[size=45]Al-Sudani, in his phone call with the US president, said that the latter "welcomed the visit of Deputy Prime Minister and Foreign Minister Dr. Fuad Hussein to Washington next week (current), whose talks will focus on economic opportunities and cooperation in the field of energy and climate."[/size]
[size=45]The new administration of the Iraqi Central Bank headed by Ali Al-Alaq, who was described by the frameworks as having distinguished relations with Washington, had announced a first package of measures that are expected to contribute to the rise in the value of the dinar, including increasing the amounts for travelers to 7 thousand dollars and expanding the beneficiaries of obtaining green currency.[/size]
[size=45]On the other hand, the pace of arrests of dollar smugglers and speculators escalated, as the intelligence agency revealed the seizure of one million dollars intended for smuggling in Diyala.[/size]
[size=45]On the other hand, the Security Media Cell announced, last Thursday, the arrest of 4 suspects who made unofficial money transfers, and they were in possession of 278 thousand US dollars and more than 660 million dinars in Baghdad, Salah al-Din and Nineveh.[/size]
[size=45]In addition, the political advisor to the Prime Minister and a leader in the Wisdom Movement, Fadi Al-Shammari, set a two-week period for the stability of the dollar exchange rates.[/size]
[size=45]Al-Shammari confirmed, in a tweet on Twitter, "the success of the Istanbul meeting."[/size]
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